Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

March-31-10

Disagreements

posted by ryan

Disagreements is a state of prolong dispute or debate over either an issue or an opinion.

It is the difference which often leads to nothing else but conflicts, disagreements, arguments which results in communication break-down and the list of trouble and problems just keep stockpiling like a small harmless snowball rolling down the mountain gradually gaining in mass, velocity and the damage upon impact with contact on any obstacle.

Although the root of all the above starts from a difference in opinion and how things get done, it is more about how to solve and nail the root of the problem in the bud or the seed will sprout that will sprout and grow with time.

Regardless of rich, poor, young, old, male or female, we all will come across and experience disagreements which leads to arguments and if not solved immediately, hatred will take roots in our mind, gradually accumulating in our mind eventually blinding ourselves to bias perspective and clouded judgment coming up with poor decisions thus affecting personal, family and even business operations depending on the situation a person is in.

Different people of different gender, social status have different ways to handling disagreements, I will get to the root of it and address directly the difference of how poor and rich address disagreements.

This can be practice and done by anyone regardless of your gender, social status, age language or religion. It is a skeleton key to ironing out disagreements.

How to solve and nail disagreements in the bud is crucial and critical for success.

Poor people often look and handle any disagreement at face value or what they see that will result in instant repercussions only without factoring into future present tense and the chain of events which it could lead it.

Rich people on the other hand handle disagreement in depth and will factor in anything and everything to put it up for discussion, because it is profits which the rich, affluent, successful and wealthy people are talking about thus they need to talk about anything and everything to ensure profits do not turn into red negative losses.

Below is an example of how poor and rich social class handles disagreements; it is between a mom and her daughter who place her lingerie in the washroom with the intention of wearing the same lingerie for a evening event before washing it.

Example: Poor social class disagreement between a mom and her daughter.

Mom: Hey Jane, you should not misplace your worn lingerie in the washroom.

Daughter: Mom, I just finished my shower, let me put on clothes first before I take it back into my room in a moment.

Mom: You better remember to do what you said.

Daughter: Common, give me a break and stop nagging will you?

Example: Rich social class disagreement between a mom and her daughter

Mom: Hey Jane, you should not misplace your worn lingerie in the washroom.

Daughter: Mom, I just finished my shower, let me put on clothes first before I take it back into my room in a moment.

Mom: I will not tolerate this action of yours; it is unacceptable, keep your lingerie away this instant!

Daughter: Yes, mom, I’m coming, and I will not repeat this again.

You might have notice that the openings of two examples are completely the same but the ending is completely different. It sets a different tone, and gives no leeway in the latter example as compared to the former example.

It is about getting what you like or don’t like across to the other party and have them acknowledge it immediately so the same mistake will not be repeated again in future.
This is why the rich always get richer while the poor only gets poorer day by day without even noticing the slight difference in how they handle disagreements.

After the disagreement has being settle, have both parties sit down peacefully and listen to what each other have to say with how and what they think, so that no misunderstanding will be kept in their minds. Talk it out immediately, that is why businesses always have negotiation talks face to face so any problems and technical difficulties gets ironed out immediately without any delay.

Do not look at things on the face value, practice it if you want to succeed and reduce disagreements and conflicts. If you who is reading this blog entry right now, have any questions or doubts, feel free to voice your doubts and comments either in the comment box below this entry or use the contact form.

If you have the same problem in your existing business, and needs consultant to identify technical issues, problems which seems to be always circling around your business and complaints always hovering around the same topic, contact me for a quotation.

I hope the above entry was helpful to you readers. Any feedback, suggestion or comments are greatly appreciated.

Popularity: 1% [?]

February-11-10

Money

posted by ryan

Money is the common language regardless of boundaries as long as we all live in modern civilizations than we have a simple way to go shopping even if we don’t know how to speak their native language.

Armed with just a calculator, all you need is to press the buttons, show to the vendor and point to the item you want, than the vendor will take the calculator, clear the screen and key in the price he/she can accede to, sometimes leaving tactics are used to make the vendor sell it off at a cheaper price if the business show signs of not doing so well.

Everything we do, we earn money, buy food, study, survival, happiness, all requires money. There was once when money isn’t a need or a want, because back than, being self sufficient was still able to meet ends needs so it was more on relationship and helping one another. That particular era, had left and evolved thanks to the hindsight of the leaders of nations, but it may look like they are helping the country to progress, but it has a selfish agenda behind it also. Taking away the rights to be self-sufficient, by having their own land, set up their own stalls, don’t need to pay tax, earning their own keep, that was before and after WWII era, when I wasn’t born.

That time was the period whereby entrepreneurship flourishes and lots of successes all around. That time, money although was important, but it isn’t as important as the bonding people have in the older generation. In today’s world, to get wealthy and successful, we need to take back what we own from our nation leaders if not buy over the rights permanently, our country Singapore isn’t fully theirs yet, as there are still plots of lands belonging to a few individuals who didn’t think nor is intelligent enough to have foresight and hindsight to profit from their assets which are billions if not trillions dollars worth.

Less than a handful of individuals still own their own assets, land, plots of land which was passed down from generations, some siblings may have agreed to government ‘kind intentions’ that’s filled with hidden agenda, but it’s a willing party, so who to blame except for their ignorance and greed for instant gratification, not taking into consideration of what happens to their next few generations which are the difference between poor and wealthy mindset of people that makes them who they are.

When you show that you can depend on yourself, your assets to survive, you will be the natural king leader attracting followers, as the others must depend if not learn from you how to be self-sufficient, but no matter how they learn, they can learn everything, but they can’t take away the ownership of the land that’s exclusively to the land owner, not the government unless they surrender the rights to it.

Once you surrender your rights to the ownership, they may make it look like it’s a win-win situation, but look, you benefit only one miserable time, whereas government benefit forever having 25years leasehold, 99years leasehold, freehold properties, selling lands to big MNCs for hundred year period, than take it back. Look, if you know how to profit, wealth will find you once your brain is tune and adjusted correctly and money will follow if not haunt you, that is why the wealthy successful businessmen always fail in one thing, to spend away all their wealth which just keeps growing on its own after the ball has started rolling. That’s the one and only failure I notice that the wealthy and successful businessmen all have in common, but hey at least it’s a positive failure.

So if you still want to be wealthy go buy over lands from other countries while you still can, make sure you know how to manage your land for maximal profitability and in accordance with the owner decision and plans with the plot of land so as to have win-win situation.

When I have the money, I will also move to the place I want to live, a place where government cannot do anything there, since government don’t own the land there yet, I hope I can generate enough money to support myself and be a resident there in Singapore, earning my own keep while my wealth generation system is still running and spreading the essential tools for wealth and success provided the person is still alive and have yet to surrender the rights on death.

Money is not everything, but without money, you can’t buy anything.

Popularity: 1% [?]

February-10-10

Queue

posted by ryan

Queuing up is what we do practically everyday without fail.

We queue for practically everything, food, shopping, education, washroom and even paying bills needs to queue.  Queuing up is part and parcel of being poor or rich.

Being wealthy can greatly reduce the queuing process with just a phone call if not even jump queue or having top priority reservation for VIPs.

With great spending power comes great benefits, being wealthy and successful is the way to go. Lots of envy and stares will be cast on the wealthy people. Everywhere they go, heads will turn, looking and following their direction. That’s the inner shine that comes within and only exclusively from the wealthy and successful businessmen.

While majority take paid flights, they take chartered if not private jets for transportation everywhere they go to. Limousines waiting at the pick-up point at the airport, always ready, clothes never a issue, everything is prepared ready before hand with the help of their assistance ensuring everything goes smoothly.

Queuing up is only a behavior which poor and rich people do. If you want to jump queue, start looking around for ways to jump, if not take short-cuts else or learn whatever necessary from wealthy businessmen to learn and follow the path that the minority will take, due to the difference in wealthy people’s actions, and their calculated risk which might seem like impossible to the poor.

Obedience is the trait of queuing up, if you’re obedient, that means you’re destined to be poor, if you like to create your own rules, break rules, barriers, do it legally, in your own style and have everyone following what you do else let them “awe” with their jaws wide open making an impactful entrance.

Wealthy people never fail to leave a long lasting impression, even if it’s just one time, the next time same place might be vacant, but the first impression of wealthy is easily irreplaceable regardless of what happens, and with that thought will stay and haunt you more, creating stronger desire to have a bigger better place than what you personally felt. That will be what is required for people to have a wealthy mindset, first be in a situation, a dream, than ask yourself if you want to be in a similar situation if not better. If that’s what you desire, than work towards it, and there your process, commitment to achieving the potential results which you have seen and be in yourself will materialized and come to you if you put in all the hard-work, doing what is required etc.

Wealthy or poor, we are all human, the only difference is mindset and language, but hey, language isn’t a barrier to wealth, so all that’s left with is mindset, not forgetting gender. Look at the Forbes list, all the tycoons are billionaires and are guys.

There’re lots of reasons to why this has being the way, it’s due to genetics and education, thinking, and what is learnt and passed down. If you don’t have the genes and traits of being a wealthy person, than start changing you to be one, learn and do what the wealthy people do but stick to the basics and be practical within both your ability and budget. There’s also lots of books which talks about why males run the show and how females can learn and apply to, but not many ladies are even bothered to borrow those books.

If you seek wealth, success, start by learning to cut-queues, than find shortcuts, and use networks to speed up process, and use phone calls to seal the deal, no email, no msn, no technology stuffs to earn money, at least the top tycoons aren’t using technology to create wealth, so if you’re a technology savy person, make sure those are helping you to earn money, if it isn’t, perhaps you might want to reconsider on where you want to spend your money on.

Make the right choice. Do the right thing. Ensure it helps you build wealth.

Popularity: 1% [?]

February-10-10

Network

posted by ryan

Network is an association of individuals having a common interest, formed to provide mutual assistance and information within the best of their abilities.

Everyone networks, but what exactly is the difference between the networking of people who are from wealthy and poor?

If you want to be wealthy, choose your network of friends wisely, get to know and meet people who can connect and introduce people who have higher net-worth to you so you will one day be like them.

If you seek to be average and poor contented, here is the good chance, you can stay in your comfort zone, doing absolutely nothing to change anything, just continue doing what you are doing, getting the same results.

How much success depends on how much network association and the net-worth of your network to determine how much you make, as the rich and wealthy hang out together, thus their wealth are similar also, and often encouraging one another to increase and earn more profits having more wealth.

Wealthy people encourage one another that they show concern of. Poor people only care about finding buddies and friends who click and understand their frequency (thinking, language, and daily habits) thus hang around the right people.

You don’t need to queue up to wait for your chances to get rich and wealthy as you grow and improve. Smart and successful people use short-cuts and they use it very well by getting to jump queue just by knowing the right people, the crowd controller, the person in charge of queue, and getting to know people who are already queuing up in front of the line, make friends and jump queue. Don’t wait there foolishly for your turn.

If you seek to be poor, here is a perfect example: Debtors, creditors, loan-sharks, middle-man, gamblers, people who believe in easy quick cash hang around together, because they are cheating lying to one another or mislead into believing there is such thing as quick cash among their influence, even government don’t have quick cash generation method, if they don’t, what makes the poor think they found the right vehicle to get rich quick?

Trust me on this, the quicker your get rich, the faster your money runs away from you if you are lucky to win lottery but hangs around with the wrong people, not learning how to manage your finance, you will experience it yourself, it doesn’t take luck to be wealthy, but luck can help you get rich which is only temporary as compared to wealth.

Ask yourself how much you want to earn, find a person who is the connector who can introduce people of the caliber who you’re looking for to learn from and succeed together. Why choose to poor when you can change yourself, learn and upgrade knowing and working together with successful and wealthy people, start off first by learning and identifying who and how a person with the right connections can help you jump queue, and most importantly allow you to jump queue gracefully and elegantly that it is like an art and even people whom you stand previously in front will gracefully accept you to be standing in from of them.  Here’s what I learnt in national service; “Patience is a virtue, cutting queue is a skill” who said it when we were queuing up for purchasing of national service during enlistee period by my platoon sergeant.

Don’t believe it, believe it. Just look around you, how many people seek to get a higher academic education to have a short-cut and get higher pay as stated by all countries’ government across all the globe, that’s what majority of the people are doing, thinking with higher paper qualification equals to higher pay. Hello, wake up the idea, look, with so many in fact majority doing the same thing, what are the odds of you able to cut queue? Low, if not little or zero chances. So the next best bet you can bet yourself on is to find a connector who will connect you with the right people to learn the fast track/speed forward/crash course to succeed and get wealthy. It all starts with getting a connector, a coaching from a successful mentor in the discipline you seek.

The choice lies in your hands and only you can decide for your future, not even your spouse, parents or parents-in-laws can make the decision for you. It is all about you and you only.

“Make the right choice. Do the right thing.”

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February-9-10

Cooking

posted by ryan

Cooking is the preparing of food for consumption.  It is a mastery of skills, handling, experience of using the fire, water, ingredients, mix and matching of different food to come up with a excellent display of dish with nice presentation for both visual, and mouth-watering tasting sensation.

Cooking requires positive discipline, organizing, tidiness, cleanliness, budgeting, creativity and sensitive sense of smell, taste-buds, hearing and sight. It’s not simple to master it, but when you master it, the same skills which were used to help you cook up a nice table full of dishes will help you greatly in the process of becoming wealthy if you correctly apply it and convert it into financial and business disciplinary education.

How a person cooks directly reveals his/her attitude and working style. It’s similar to wealthy businessmen playing golf to determine their business partners and the deal etc. Cooking is just a part of the consideration factor. Still, if you want to get wealthy, learn to play golf, they have their reasons for playing golf.

Cooking and the cleaning up part will reveal a person’s attitude and thinking to clearing up a mess of his/her own. The preparation of the dishes will reveal how hardworking and meticulous a person is in details which translates to business customer service. The presentation of the dish, layout etc will reveal to you how a person present and sell him/herself to others. How they eat the food will reveal how much table manners, respect they have to their elders, parents and friends.

Mastering cooking will not help you to go from rags to riches, but not wealthy. It will help you improve yourself, have more discipline etc. To be wealthy, you need to learn a lot of other related education to succeed; it’s more about the mindset which determines your success, so work on it.

You can get rich from cooking, but when you’re rich, you can’t stop cooking else your money will stop which is the difference between getting rich and getting wealthy. Wealth is accumulated even when you do nothing; it’s just a result of what seeds and hard-work you put in previously that allows you to reap the fruits of your hard labour in the past which not many people will know of.

Cooking encourage communication, discussion among family members. Advice and experiences are shared on the table during dinning or at a tea-break session with a common interest in food, the universal language regardless of boundaries, thus it is the easiest method to break the ice, increase the family bonding etc.

If you want to instill discipline into a spoilt brat, throw him/her into the kitchen and just make sure they don’t burn the kitchen in flames will do. Stand by their side, offer advice, not nag, and let them do what they like experiment it, taste the difference, than advice are much appreciated, rather than immediately saying No to this, that whatever is wrong, than they get the expected answer without first tasting the bitter, burnt food dishes which they should taste.

Cooking is a great way to teach children as they grow up and be independent to cook for themselves and family members if all are staying together sharing the fun process, enjoyment and happiness of cooking.

Popularity: 1% [?]

February-7-10

Gratification

posted by ryan

Gratification is the source of pleasure satisfaction. Gratification is uses and practiced by all man kind regardless of nationality, race, language or even skin colour.

There are two types of gratification: instant and delayed gratification.

Instant gratification is whereby people purchase something in the form of items, products or services to reward themselves or their family and friends to have great satisfaction from something. Even prostituting is instant gratification, the want to instantly satisfy their desire to get ‘loved’ to compensate for their failed relationship or lack of love etc.

Delayed gratification is whereby people find a goal, have a target of what to buy, set a period of time, and tell them If they complete their own mini goals, than they will gratify themselves by buying a particular product/service or item. That is delayed gratification.

Depending on the types of gratification you choose to practice, it will be matter of either poverty or wealth respectively.

People who are in poverty or those with just over broke situation will give themselves excuses which they think of it as ‘reasons’ to buy this buy that to reward themselves, but if they look at the past year, have their self-rewarding instant gratification helped them to get rich not even speaking about being wealthy. No it impossible for a spendthrift to even save let alone invest to get rich and wealthy.

People who are rich and wealthy on the other hand will guard their wealthy strictly and only allowing transactions to go through after their personal review before signing on the line for approval. They will wait patiently, for the right time, right indicators and opportunity in times of distress of the competitor to either buy over at a lower price if not buy over the whole company to take out a competitor to safeguard and fortify their barrier of defense against fellow on-looker warlords who have set their eyes on the kingdom with lots of wealth and prosperity.

It’s similar if not identical to China building the Great Wall to increase their defense against the Mongolian troops and war from even have any chances to strike them when they least expected by building the different post along the Great Wall of China using fire and smoke to warn the guards spreading the message efficiently across all troops guards China.

Delayed gratification was a term which I heard overheard from afar when I saw my senior in sales advising his junior about it. Since then, I have always bear this in mind and it has helped me gain a lot of wisdom and discipline with time and practice. I hope this will be helpful to you readers.

Popularity: 1% [?]

February-4-10

Limit

posted by ryan

Limit is a boundary surrounding specific area. It is the point, line or edge where nothing can proceed beyond nor able to surpass.

Immediately once the birth of a new-born we are very much limited to whom we are by birth and the financial ability and limited area of influence we have on others.

There is always a limit to everything and this limit applies to both the wealthy and poor people regardless of nationality, race, language, or religion. The difference between the similarities of the wealthy and the poor people are the differences in the number of limitations they have on anything and everything.

Poor people are living in a very small private limited situation. They are limited to how much they earn based on their education, how much they earn per hour, only allowed to obey and never to disobey their employees, their parents, teachers and their spouse who is their life-time partner. Even their choice of food, the first thing poor people look on the menu when they enter a restaurant is not the choice of food but rather how much it cost. Being poor are just pathetic; it’s like being a slave if not just like a dog serving their masters. Poor people are helping their masters (employees) to get rich and only contented to have a miserable sum of income as compensation without any benefits to themselves who worked so hard.

Wealthy people on the other hand have way much lesser limitations set upon them. Being wealthy has their benefits, in fact lots of it. They travel around with style, big cars, lesser routine checks, advance booking and reservation of seats. Wide variety of choices to choose from when they dine out, they choose what they really want, without looking at the price tags.  They have memberships, exclusive private invitations etc which only the top prestigious people will be allowed access to.

Both the poor and wealthy people are the same, a pair of eyes, ears, one nose, mouth and even the body organs are the same. All having the same twenty-four hours but what’s the big difference. Talk to them and you will know instantly with just a simple question “How to earn more money?”

The poor will tell you “Buy stocks, follow inside secrets, follow the TV, news reports gossips, buy 4D, TOTO, Lottery etc” while the wealthy will tell you “Invest in property, start a business, hire employees, build a system to run it auto-pilot basis, network with successful businessmen build powerful connections etc”

Now that’s the difference, and it all starts with a simple place, the brain, the mind is where you can change, if you want to be wealthy, start by correcting the negative non-productive thinking inside, dump all of them into the rubbish bin and implant new positive thinking that will help you build stairs, your steps to connecting with wealthy people.

If you’re willing to change, anything and everything you imagine is possible. If you aren’t even others help you get rich, you will not be wealthy without knowing how to manage the sudden increase of money.

“If you think you can or if you think you can’t, you’re right.” It is best to think you can, and do something about making it happen. – Henry Ford

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